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A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2018 · Q31 Mark

From 1995 to 2000 each of the countries listed below moved towards a market economy through privatisation programmes. [Table: private sector share of GDP (ratio of private enterprise earnings to GDP) 1995 2000 A Czechia 70 80 B Hungary 60 70 C Romania 45 60 D Slovakia 60 80] Which country made the slowest rate of transition?

ACzechia
BHungary
CRomania
DSlovakia

✓ Correct answer

A: Czechia

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About this question

Topic
Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Oct/Nov 2018 Paper 1 Variant 2, question 3.

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